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SAN FRANCISCO (AP) — Yahoo's dysfunctional turnaround efforts have morphed into a Silicon Valley soap opera, one that has taken another strange twist with the Internet company's ousting of CEO Scott Thompson just four months after his arrival.
NEW YORK (AP) — Signaling a change of fortunes, online deals company Groupon Inc. posted a smaller net loss and sharply higher revenue in the first quarter, helped by increased demand from a growing customer base.
SAN FRANCISCO (AP) — Yahoo ended Scott Thompson's four-month stint as its CEO without giving him a severance package, according to documents filed Monday.
WASHINGTON (AP) — The Senate is nearing a final vote on legislation to reauthorize the Export-Import Bank for three years and raise its lending cap from the current $100 billion to $140 billion.
WASHINGTON (AP) — A huge underwater power line to serve wind farms planned off the East Coast cleared a regulatory hurdle Monday, although construction is still years away.
LINCOLN, Neb. (AP) — The maker of the beef product dubbed "pink slime" by critics said Monday it was laying off 86 employees from its corporate office in South Dakota, citing what it calls a misinformation campaign about a product that food-industry experts agree is safe.
ATHENS, Greece (AP) — Marathon efforts to break Greece's post-electoral paralysis are lurching into a ninth day amid the country's worst crisis in decades, with fractious party leaders summoned to a yet another emergency meeting Tuesday that could see the reins of government surrendered to non-politicians.
NANTERRE, France (AP) — Lawyers for a French pharmaceutical group suspected in the deaths of at least 500 people argued Monday that a trial against their client should be halted as two separate cases should be rolled into one before the court can proceed.
NEW YORK (AP) — A political stalemate in Greece rattled financial markets worldwide on Monday, driving U.S. stocks lower.
NEW YORK (AP) — LightSquared Inc., which hoped to create an independent wireless broadband network in the U.S., filed for bankruptcy protection on Monday.